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<p>[QUOTE=&quot;Conder101, post: 842597, member: 66&quot;]I don&#039;t think he meant 70% of spot for the total weight but 70% of spot for the gold weight is probably fine.&nbsp; 70% of spot for the total weight of one oz of 14Kt gold (with gold at $1000/oz) would be $700, but at&nbsp; 70% of spot for the gold weight it&#039;s $408. (one oz of 14Kt gold contains .58 oz of gold.)&nbsp; One oz of 10Kt at 70% for the gold weight would be $291.&nbsp; (One oz of 10Kt gold contains .416 oz of gold.)[/QUOTE]</p><p><br /></p>

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